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Synchronoss Technologies, Inc. (SNCR) [hlAlert]

up 45.43 %

Synchronoss Technologies, Inc. (SNCR) rated Outperform by Raymond James

Posted on: Thursday,  Mar 20, 2014  8:25 AM ET by Raymond James

Raymond James rated Outperform Synchronoss Technologies, Inc. (NASDAQ: SNCR) on 03/20/2014. Previously Raymond James rated Outperform Synchronoss Technologies, Inc. (NASDAQ: SNCR) on
05/02/2013., when the stock price was $27.91. Since then, Synchronoss Technologies, Inc. has gained 45.43% as of 01/21/2016's recent price of $40.59.
If you would have followed the previous Raymond James's recommendation on SNCR, you would have gained 45.43% of your investment in 994 days.

Synchronoss Technologies, Inc. (Synchronoss) is a provider of on-demand transaction management platforms that enable communications service providers (CSPs), equipment manufacturers with embedded connectivity (handsets, mobile Internet devices, laptops and cameras) and other customers to automate subscriber activation, order management and service provisioning from any channel (e-commerce, telesales, customer stores and other retail outlets) to any communication service across any device type. Its ConvergenceNow platforms (including ConvergenceNow Plus+ and InterconnectNow) provide seamless integration between customer-facing channels/applications, communication services, devices and back-office infrastructure-related systems and processes. Synchronoss?s platforms manage transactions relating to a range of existing communications and digital content services across the different segments of its customers. In September 2008, the Company acquired Wisor Telecom Corporation.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2014 8:25 AM Buy
as of 10/17/2014
1 Week up  2.83 %
1 Month up  1.60 %
3 Months up  32.29 %
1 YTD up  42.25 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2013 8:25 AM Buy
5/2/2013 9:25 AM Buy

(*) Stock Price at the time of the recommendation.
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